Do you Know About the Digital Currency “BITCOIN”…..?

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Bitcoin was developed by a person name Satoshi Nakamoto and released as open-source software in 2009.Bitcoin is a digital currency and whole world payment system. the peer-to-peer network used for transactions between users. This network system is using cryptography.All the transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. According to the research produced by Cambridge University estimates that in 2017, there are 2.9 to 5.8 million users using this cryptocurrency wallet.

 

1. It is decentralized.
2. Easy to set up.
3. It is anonymous.
4. Transparent.
5.Transaction fees are minuscule.
6. It is fast.
7. Non-repudiable.

 

1. coinBase

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2. Localbitcoins

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3. BitQuick

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4. Bitbargain

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5. Xapo

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——-Bitcoin currency rising exponentially in current time, many investors are investing in this sector. There are many wallets like coin base, Localbitcoins, BitQuick, Bitbargain, and Xapo.

You are a new to the cryptocurrency field, and First of all, you’ll need to know about a cryptocurrency exchange that you can buy and sell your Bitcoin from. There are some global exchanges do let you buy Bitcoins with Indian currency, this process is relatively more seamless on some of the India-based platforms, many of whom let you pay for your digital currencies with Indian bank accounts via online banking, NEFT or RTGS. There are many such new services seemingly booming every day.

 

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